Computime Group (HKSE:00320) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2023)

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What is Computime Group LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Computime Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.01.

Computime Group's long-term debt to total assets ratio increased from Sep. 2022 (0.01) to Sep. 2023 (0.01). It may suggest that Computime Group is progressively becoming more dependent on debt to grow their business.

Computime Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Computime Group's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Computime Group LT-Debt-to-Total-Asset Chart

Computime Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.02

0.03

Computime Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.02	0.01	0.03	0.01

Computime Group LT-Debt-to-Total-Asset Calculation

Computime Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	78.098	/	2940.731
	=	0.03

Computime Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	40.005	/	2912.661
	=	0.01

Computime Group (HKSE:00320) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Computime Group LT-Debt-to-Total-Asset Related Terms

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Computime Group (HKSE:00320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Computime Group Ltd (HKSE:00320) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

20 Science Park East Avenue, 6th Floor, Building 20E, Phase 3, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG

Website

https://www.computime.com

Computime Group Ltd is engaged in research and development, design, manufacture, trading, and distribution of electronic control products. The company operates in business segments that include the Control Solutions Business provides design, engineering, technology, and manufacturing services, including Original Equipment Manufacturer (OEM) and Original Design Manufacturer; and the Branded Business segment, which offers smart home, energy management, and home solutions to professional installers, property developers, utility companies, and wholesaler. The company generates a vast majority of its revenue from the Control solutions segment. Geographically, the operations are spread throughout America, Europe, Oceania, and Asia.

Executives

Heung Lap Chi Eugene	2101 Beneficial owner
Leung Yee Li Lana	2202 Interest of your spouse
Yeoman 3-rights Value Asia Fund Vcc	2101 Beneficial owner
Lim Mee Hwa	2201 Interest of corporation controlled by you
Yeo Seng Chong	2201 Interest of corporation controlled by you
Yeoman Capital Management Pte Ltd	2201 Interest of corporation controlled by you
Auyang Ho
Tse Shuk Ming

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